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News this week that inflation may be moderating a bit is unlikely to register much with consumers right now.
Seemingly contradictory economic indicators make people nervous, but they’re not sure what to do about them.
There are many contradictory economic trends these days, and history isn’t providing its usual hints about what will happen next.
Consumer sentiment increasingly splits along party lines, with partisans of whoever holds the White House far more optimistic.
Fears about a possible recession, as well as still-high prices for food and rent, are making people more cautious in their spending.
The University of Michigan survey shows improvement, especially among low- and middle-income consumers, who have struggled most with inflation.
They’ve been up and down like a bouncing ball for the past few months.
The University of Michigan’s consumer sentiment index is at a 10-year low. But consumer demand and savings remain high.
Higher wages and low unemployment are good news to people. Inflation isn’t.
Despite good economic data like GDP growth, many Americans are not optimistic.